Property Information
Address:
117 Regent Street, Leamington Spa, Warwickshire
, CV32 4NU
, Warwickshire
, United Kingdom
Price: Buy: POA
Size: 1195 sq ft111 sqm
Primary Category: Investment
All Categories:
Investment, Shop,
Property Ref/Movehut: MH685621
Property Ref/Agent: 665
*Please use the agent ref when calling the agent directly.
Property Date Information
Last Updated: May 14, 2024
Property description
Description
Freehold Investment in Leamington Spa Town Centre
Location
Regent Street is located in the heart of Leamington Spa, bisecting the prime retailing location known as the Parade. The site is identified on the attached street map. This popular secondary retailing zone is serviced by on-street and multiple car parks, excellent public transport, and is a short walk from many local amenities including the famous parks and gardens of Leamington Spa.
Services
All mains services are connected to the site and are independent to each unit. 8 Satchwell Walk is electrically heated.
Tenure
Subject to the freehold title, lease of 117 Regent Street and AST of 8 Satchwell Walk.
Rent
Freehold price: £660,000.
We are advised the property is VAT elected.
VAT is payable in respect of the commercial rents. VAT is not payable on the flat rents.
Rates
The rateable value for the current year is £25,500
Council Tax Band for 8 Satchwell Walk is: Band B
Legal Costs
Each party will be responsible for their own legal costs incurred in the transaction.
EPC
117 Regent Street: B-46
8 Satchwell Walk: E-40
Current Rental Income £50,540 per annum
Well let Retail Unit and Three Bedroom Apartment
Excellent Vibrant Town Centre Location
Refurbished 15 Years Ago
Sought After Secondary Retailing Location
Fully Let and Income Producing
Close to Prime Retail and High Quality Hospitality Sectors
Current Rental Income £50,540 per annum
Well let Retail Unit and Three Bedroom Apartment
Excellent Vibrant Town Centre Location
Refurbished 15 Years Ago
Sought After Secondary Retailing Location
Fully Let and Income Producing
Close to Prime Retail and High Quality Hospitality Sectors
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